Marketmind: Happy Friday, it’s AI boom time
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks could…
May 25, 2023
Chip Giant Nvidia Nears Trillion-dollar Status On AI Bet
By Aditya Soni (Reuters) -Nvidia Corp surged 24% on Thursday in one of the largest one-day gains in value for…
Biden’s pick as top US commander could be delayed by senator’s blockade
By Patricia Zengerle WASHINGTON (Reuters) – A Republican senator’s hold on military nominations will apply to Democratic President Joe Biden’s…
Cuba says no quick fix as economic crisis drags on
HAVANA (Reuters) – There is no quick fix for Cuba’s sputtering economy, its economy minister said on Thursday, as inflation,…
Costco earnings miss estimates as shoppers curb discretionary spending
By Granth Vanaik (Reuters) – Costco Wholesale Corp missed estimates for quarterly earnings on Thursday as shoppers pulled back on…
Biden lauds leadership skills of his pick for top US general
WASHINGTON (Reuters) -Praising his leadership and even his culinary skills, President Joe Biden on Thursday formally announced his nomination of…
OpenAI offers $100,000 grants for ideas on AI governance
By Greg Bensinger (Reuters) -OpenAI, the startup behind the popular ChatGPT artificial intelligence chatbot, said Thursday it will award 10…
Nvidia fuels Wall Street gains; gold falls to two-month low
By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) -Progress on U.S. debt ceiling talks bolstered global equities and sent…
House panel chair seeks info on proposed U.S. order for China investment
By Karen Freifeld WASHINGTON (Reuters) – A top U.S. lawmaker on Thursday asked for more detail on the Biden administration’s…
VW, Audi Agree To $85 Million Diesel Settlement In Principle With Texas – State
(Reuters) – Volkswagen and its Audi unit have agreed to an $85 million settlement in principle over violations of Texas…